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NIFTY ElliotWave Impulsive rally (E) is done, Spinning top

We were posted earlier 2days back that Nifty seems following the Elliot Wave. The last leg of Impulsive rally upto E is done.
And today's candle is a Spinning Top.

It seems not good days ahead ... 16200 in card for July Expiry? If Eliot Wave is something to go with. The collective phase upto point-A.






Chart PatternseliotwaveTechnical Indicatorsnifty50putSpinning TopstocksignalsWave Analysis

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